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October Pork Exports Drop in Volume, Rise in Value

by 5m Editor
14 November 2011, at 11:23am

BRAZIL - The volume of pork went down by a little over seven per cent in October, compared to the same month in 2010. However, the value of exports rose by a little over eight per cent in terms of US dollars.

The latest figures from ABIPECS reveal that Brazil exported 46,200 tons of pork in October, which was 7.07 per cent less than the same month last year. The average price per ton in US dollars - $2,927 - was 16.90 per cent higher than a year ago. The value of sales in October was a whopping US$135.2 million, indicating a rise of 8.64 per cent, compared to October 2010.

For the year-to-date, the total volume of pork exported was 436,448 tons, down 5.51 per cent compared to a year ago. The value of exports, however, rose by 5.88 per cent at US$1.200 billion. The average price of pig meat according to October figures is $2,750 per ton, up 12.05 per cent compared to a year ago.